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AI brief of an SEC Form 8-K · TSS, Inc. (TSSI)

TSS Q1 2026 revenue falls 44% to $55.3 million; net income down 24%

Negative Impact 3 of 5 earnings Written later

TSS, Inc. reported first-quarter 2026 results for the three months ended March 31, 2026, with total revenue of $55.3 million, down 44% from a year earlier, and net income of $2.3 million, down 24%. The company kept its 2026 Adjusted EBITDA outlook of $20 million to $22 million and said it expects results toward the higher end of that range, but the lower revenue and profit reflect a decline in the lower-margin Procurement business.

Key points

  • Procurement revenue was $40.0 million, down 56%, while Systems Integration revenue rose 88% to $14.1 million.
  • Diluted EPS was $0.08, compared with $0.12 in the first quarter of 2025.
  • Adjusted EBITDA was $5.3 million, up 1%, and the company maintained its 2026 range of $20 million to $22 million.
  • The conference call to discuss results is scheduled for 5:00 p.m. Eastern Time on May 7, 2026.

The filing

CompanyTSS, Inc. (TSSI)
Form8-K, current report
Filed with the SECMay 7, 2026, 4:23 PM ET
Accession number0001654954-26-004536

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.